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is the massacre at the elementary school in sandy hook, newtown. those are the stories that barnicle and andrew have chosen as the top stories of 2012 to cover. mike barnicle, would you agree, that this could be his signature for his second term? >> i do. i do agree with that. i think the events of a few days ago in newtown, connecticut, will help shape a good portion of the president's second and final term in office. i think it gives us a huge impetus to changes in this country that had been, that have taken too long to take hold. i think the presidency itself, i think the man himself was shaped and altered by these events, both as a parent and as a president. >> andrea? >> let me just say that joe call fanno has written about what lbj said to him right after robert kennedy was killed. lbj killed in joe and the other top aides in the white house and said, we have to act within ten days before the nra gets organized. and they failed to do it. they tried and they failed. and lbj had a bill that had been bottled up in committee for months and months, for, you know, licensing and registration. an
the thousands of the items honoring the sandy hook school shooting victims. the flowers, the signs, the teddy bears and the tributes will become part of a sacred memorial. we'll tell you about that. >>> also, i'll talk with a congressman who wants to use the national rifle association against itself on gun reform. if there is a disconnect between nra members and the nra leadership. ♪ ♪ [ male announcer ] everyone deserves the gi of all day pain relief. this season, discover aleve. all day pain relief with just two pills. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts h
for sandy, that's part of the discretionary spending. >> and part of this is a snowball, right, so the cuts take place, they have their effect but they dampen consumer confidence. >> that's right. >> people are less confident, they spend less and hurts the economy more. >> if you look at what happened last year with the debt wrangling in august of 2011, consumer confidence dipped 30% and that was without the worry over tax hikes. >> even if it's not clear exactly what's going to happen in the fiscal cliff i'm hearing from retailers, they're saying we're feeling this. holiday sales were dampened by it, what happened next year as far as business hiring could be dampened as well. >> retail stocks are down. the stock market has been jittery and business is extremely worried. >> any silver lining at all? some good news? >> one silver lining if we go over the cliff it's possible that will create a political reset that will change the terms of debate and really focus things and get a deal done fingers crossed. >> part of that deal also another thing i hear from businesses
, superstorm sandy. they do not think it was consumers fear got as much as it was on the drops of the markets in the middle east. back to you. lori: i think they did more online also. joining us now is founder and resident of sica wealth management. this is what i am thinking about with this disappointing sales. it is so difficult for the federal government. people are wary of all of the uncertainty. they are keeping their pocketbooks closed during this all-important spending season. do you see that as an interesting perspective? >> i think at this point, here you have this santa claus rally which is a market phenomenon that makes sense until it doesn't. that works until it doesn't. coming into this season we would have a typical 1.7% increase in the s&p 500. now, we are dealing with questions that will remain unanswered until january. that uncertainty makes investors anxious. tracy: we have for trading days left. what should we be doing? what should people be doing over the course of the next couple trading days? >> i think people should really look at their capital gains. we are at a point
to read the names of the children and adults killed at sandy hook elementary school in connecticut. as the debate over how to happened in newtown connecticut continues. the national rifle the northbay was bombarded with heavy rainfall. in corte madera heavy rains kept some christmas shoppers at home. the rain brought with it flooding to many parts of the north bay. crews worked to clear roadways and make it safe for those who braved the >> i braved the rainfall, to get at the shopping done. >> a much needed break from the rain today will allow last minute shoppers to get their shopping done today before more showers arrive for christmas. please make readable for anny the raiders playing out the >> po 42 degrees rebels, with locally dense fog. novado, 42 degrees--right now. there is a storm system ruling through the pacific. just in time for the holiday, is brewing that storm system- over the pacific. mainly cloudy conditions for christmas day. you can see heavier rainfall for santa rosa. even towards petaluma. and just light rainfall for the bay bridge, oakland and delta and portio
. this is 50 at sandy point. a little delay at the toll plaza. watch for some slow going in general around the area. that is the latest on traffic pulse 11. >> you mentioned that the roads are wet. the temperatures are above the freezing mark. that means it is not a sheet of ice. be careful. 37 degrees at the airport. 34 in gaithersburg. closer to the freezing mark in westminster. north and west of the city, the potential for some black ice. near 40 degrees today. temperatures will basically hold steady. flurries ending in southern pennsylvania. increasing wind. >> good morning. how many players will play this weekend at how many will not? there is a misconception among the fans that they all will sit. they will play to win because they live for the competition. john harbaugh will sit some of his starters. there is a playoff berth on the line. >> once you start something, you have to finish it. our goal was to control the division. we did our thing with cleveland and split with pittsburgh. you want to sweep them and you are 2-0. >> ray rice 1 of 6 ravens to play in the pro bowl. we know wh
superstorm sandy but now they're getting help. the federal government sent more than $1 million in aid to superstorm sandy victims. fema received hundreds aapplications and they're still processing the requests. the obama administration initially denied any aide to individualing living in somer -- individuals living in somerset county but since reversed that division. >>> in for round two? >> round two by saturday megan and charlie. over to the boards and show you through the course of the morning we'll be right around 36 degrees. lunchtime lot of clouds. windy at 37. we'll be flirting with the 40 for much of the afternoon. but the story is the wind and the wind will make it feel like it's around the freezing mark. here's that storm system from yesterday pulling up to the canadian maritimes. cloudy skies behind it and here we go out to the rockies another system that will be the saturday event we've been headlining through the morning. 39 today and 40 for friday and wintry mix moves in over the weekend. pretty chilly overall forecast with temperatures into the upper 30s to around 40 d
. but this idea that retail is soft, was it the fiscal cliff? was it sandy? was it some sentiment that came out of the newtown tragedy? it's hard to say. >> but it may be a combination of all of those. we got a sense from the guests we brought on earlier this week, on monday, that it was not a great holiday selling season, as we ended the last day before christmas. and all those may be the reasons, carl. i'm positive i didn't think people really understood the fiscal cliff. i may have been wrong. perhaps it was something that weighed on people's minds. the weather always at issue. it could actually have been warmer weather as well that contributed. we've had some analysts say that because people don't feel they have to go out and buy a coat. >> because it will never get cold again. >> except today, when it's 28 degrees. we'll see how after christmas does. internet also, it doesn't appear as online sales are up as p as anticipated. and perhaps they made up for the loss of the brick and mortar. >> you were pointing out before the show, luxury was not immune to this. you would think it would be mo
storm sandy, which also declined after striking the east coast in late october. >> but let us not forget the reason for the obamas returning from a wire early this is a cliff. >> consumes enervate the lawmakers will be unable to reach a deal before the the digital age is making aging a whole lot easier. >> from talking pill dispenser to tracking devices tucked inside tennis shoes to digital medical scanners that can transmit bottle size to the doctors, today's gadget held senior stay in their homes and can give relief to loved ones and care givers. >> many products to be found in self-help medical goods shops, but they are also offered on line. >> advocates say it is best to consult with health care providers for suggestions on what to use. >> facebook has poked its way into the top prize of mobile apps yet again. >> the social media company put smaller developers on notice last week with the launch of its new polka at 4 iphone. >> the app mimics snapshots--snap chat, a popular app with teens that allow users to send images that self-destruct moments after the recipient use it. >> polka
relaunched following the shooting at sandy hooke elementary. santa monica activist jerry rubin says a personalize marital war will be sent to church and who write to him about why they do not like playing with toy guns. rubin says his anti toy gun project used to reward children who sent in their toy guns with teddy bears and exchange, was their toy guns with teddy bears and exchange, was stopped after he ran out ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] no more paper anything. safeway presents just for u. save more. save easier. saving more, starts now. just for u on the safeway app. saving more, starts now. >> fruit of lovers if you are like me. all you know how to do is make reservations. we will make a prime meal. this sauce starts at cooking class us at this store in palo alto. >> we will be able to have you up and running. >> first we ball some water. how hard can this be? >> tonight we are making holiday-says this is spanish flu that you will be proud to serve your guests. this is a brief lesson on how you should use sharp kitchen k
to legally carry the concealed weapon in public places. in the wake of sandy hook elementary school shooting officials decided to offer this training to educators at no extra charge. >>> it's no wonder that shoppers in one mall were really scared when a huge fight broke out. take a look at this video of shoppers running for their lives. they didn't know what was going on. mall security said about 20 people were involved in yesterday's fight. some of the customers say that they heard loud sounds. they thought maybe it was gunshots and however officials say they found no evidence of any sort of shooting at the mall. reports say that many of the stores did go into lockdown closing their metal gates when the fight started. that mall was -- did reopen a few hours later. >>> well, some heavy rains and tornadoes and snow and powerful storms have been hitting several states. >> coming audiotape look at the damage being done and the struggle for many travelers still having. people are still trying to make it home megan. >> a former university of maryland coach has passed away. we have details just ah
basically unchanged from last year and sandy, of course, and the connecticut shooting got some blame, but what about no jobs and no money? coming up, the opening bell, futures are up. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >>> david asman, in for mr. varney. we're minutes away, dow futures are trading up. so at least at the beginning it may be a good trading day. now 15 seconds away from the opening of the dow, nasdaq and s&p 500 have been down the past two sessi
of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment checks. here is a statistic for you. if there is no deal in place for january 1st, those benefits, those unempl
of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment checks. here is a statistic for you. if there is no
frequently. even when we had hurricane sandy rolling through the airline stocks outperformed the s&p week of and week after. at this point investors are overlooking that kind of thing. david: hunter, one of the surprising thing airlines learned to make money with sky-high gas and fuel prices. how have they done that. >> two main things. capacity discipline. they removed 8% of domestic capacity. david: they're just grounding planes? >> they put down more fuel efficient planes in '08. they are trimming underperforming flights. domesticly the u.s. airline industry is same size as 1999 despite more passengers are fly. david: the other thing. >> fees. david: all the bag fees. hate them but it is helping them. >> only single-digit percentage of their revenue but 155% of their ebitda. this is 100% margin stuff. shibani: six bucks for a pillow helps somebody. >> yeah. shibani: look at couple stocks doing very well. southwest airlines, 20%. alaska airlines up 15%. what is their recipe for success and what can we see carry over into the new year? >> a lot of people were very pleasantly surprised wi
spending pulse saying it actually not the fiscal cliff, it was superstorm sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw lt year. there is a little bit of a slowdown. also we have to look at the consumer sentiment numbers. it is coming in at the month of december around 72 points. that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with therf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their predictions. shopper
are getting privately trained use handguns in the wake of sandy hook shootings. other states are going farther. arizona's attorney general proposing to change the state law that would allow an educator in each school to carry a gun. the "l.a. times," the city of los angeles collected more than -- this story is unbelievable. they collected more than 2,000 firearms part of a guns for groceries buyback program. 75 assault weapons were included in that and two rocket launchers were turned in for cash. >> they got steak and shrimp for the rocket launchers. what about teachers with guns in classrooms? >> i mean, it's amazing to me. i had randy wine gart ten of the american federation of teachers on my show last night. it's outrageous to me on two levels. one, you're going to put more guns into schools it to try to deal with getting guns out of the school. you don't have money for students. you don't have money for sports and arts. you don't have money for anything you need in school, but you're going to find money to buy guns, bullets and training for teachers? where did the conservatives come up wi
for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of people singing mazing grace as they remembered the two firefighters murdered in western new york. ♪ i once was lost but now am found ♪ >> that community coming together to honor fallen heros. the two men were shot and killed during an ex-con's christmas eve ambush. for the first time we are also hearing from those who survived the attack some firefighters. a joint statement offered the pair's gratitude for all of the prayers they have gotten. doctors have upgraded both of their conditions to satisfactory. >> oo to maine where a dive team from the police department will use sonar to search for two students who went missing last week. the 21 and 23-year-old were last seen drinking with friends near kinney bunk port earl tlir week. a cop found their bloet clothing on a small island it remains unclear how the men got to the island but there's no indication of foul play. >>
of hurricane sandy across the northeast. now, stores are trying to lure in shoppers with some deep, deep post-christmas discounts. >>> and some starbucks stores in the nation's capital are serving up a political message with their coffee. ceo howard schultz is urging employees in washington, d.c. area starbucks to write come together on the customers' cups today and tomorrow. it's a message to urge lawmakers to work out a deal to keep the country from going over that fiscal cliff next week, which would send taxes soaring while slashing spending. >>> meanwhile, hollywood has something to celebrate as we close out 2012. it's been a very big year in the movies, with the number of tickets sold in the u.s. up for the first time in three years. the domestic box office take is set to hit a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home theaters. >>> meanwhile, when we come back, travelers weren't the only ones fed up with holiday deals. what an angry pilot had to say to his passengers about the matter. >>> also, proof that you do not have to be
by end of super storm sandy let's not forget the reason president obama is returning from hawaii early, the fiscal cliff. the summers are nervous that lawmakers will be unable to reach a deal. samsung is seeking a ban on the import and sale of some erickson products in the u.s. escalating a dispute over patent fees. the company is seeking to ban erickson products that allegedly violate seven patents. the complaint at the trade commission followed a dispute over mobile technology patents that erickson brought before a u.s. district court after the two sides fail to agree on licensing terms. in november, erickson at said that samsung is secret seeking to drastically reduce the fee it pays to license patents. facebook has poked its way and to the top ranks of mobile apps yet again. the social media company but smaller developers on notice last week with the launch of its new pope at for iphone. the app mimics snap chat is a popular at the teens' that allows users to send images that self-destruct moments after the recipient reviews it. pope immediately rose to #one on the iphone. thanks t
in the coastal enclave of queens that was heavily damaged during super storm sandy. >> a new study shows your children are obese. essentially those between the ages of two and four years old and also from lower income. this is according to new research suggested released by the cdc. researchers say the new findings suggest the obesity epidemic among the population could have passed already peaked. this the first national study that shows that these rates are starting to decline. a number of children in this population increase from 15.2% in 2003 to 14.9% in 2010. extreme obesity also dropped. >> the nfl has announced this season's pro bowl roster is in the 40 niner's lead the nfc with nine invitations. this matches last season's total includes four time honorees. all the nine players are slated to start the january 27th game except for running back frank goal or an inside linebacker navarro bowman. the nine selections come close to the most ever for the 40 niner's lead 10 players selected for the program in 1984. mayors about the madison wisconsin are making a friendly bet on the outcome of t
reason being hurricane sandy across the northeast. now, stores are trying to lure in shoppers with deep, post-christmas discounts. >>> and starbucks stores in the nation's capital are serving up a political message with their coffee. ceo howard schultz is urging customers to write come together in their cups. that is an effort to keep us from going over the fiscal cliff next week. >>> hollywood is celebrating as we close out 2012. it's been a big year in the movies. with the number of tickets sold in the u.s. up for the first time in three years. it's set to take a record $10.8 billion, with ticket sales up 5.6%. quite an accomplishment in the age of impressive home theaters. >>> meanwhile, when we come back, travelers weren't the only ones fed up with holiday deals. what an angry pilot had to say to his passengers about the matter. >>> also, proof that you do not have to be a kid to get excited over your christmas present. you really have to stay tuned for this. the family behind this viral video is sharing their joy. oh, you have a keurig vue brewer? oh, it's great! now i can brew my
by honoring the victims of the sandy hook elementary school tragedy. this issue of the magazine is devoted to the lives they lived. to a parent, the childhood of a 6 or 7-year-old is rich beyond measure. but the incomprehensible horror and grief is for the milestones unshared. newtown is for the lives unlived and for those who lost loved ones, the sorrow is beyond capacity to know or comprehend. it will take a lifetime to work out. these issues were always popular among readers and difficult to assemble in the choice of who you select. >> it's hard to say and you do what they do. you start with lists and lists. you start months and months ago and ironically you make sure it's not a list of all the people that passed away and all the lives that were lived and unlived. we try to go over a list of people who passed away between our lead time and production time and try to match those lives to the writers and artists that work with the magazine and find ways to celebrate these lives. this issue is supposed to be a celebration of life. it's not supposed to be an acknowledgement of death. it's n
sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morning. >> there is a little bit of interpretation to that. to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimu
't manage to go to a toy store. visions of the sandy hook elementary school massacre were in her head. >> i couldn't take the shopping and seeing all the little kids 5-year-olds, 6-year-olds, particularly saddens me. >> reporter: she bought gift cards instead and none of the extra stuff she might have been found being in stores. december retail is a bummer in the news and stores. >> this is not at all a good holiday season for the retailer. >> reporter: it could have been for the customer. >> 495. our price is 179 and an additional 10% now. >> reporter: and no one is buying it? >> not yet. >> reporter: this shop slashed prices as retailers did all over the country. still, it was not a good christmas for her nor most others. >> it started out all right and it just dropped off about a week ago. >> reporter: that's when it should have been booming. as it turned out this was the worst season since the country was mired in recession 2008. sales were up fractionally. expectations were up 3 to 4%. >> the controversy around this "fiscal cliff" kicked in and people started feeling more fearful, cons
their respects to the shooting victims at sandy hook elementary school. residents yesterday took turns monitoring candles that had been lit on christmas eve, one candle for each of the vils. >>> this los angeles today, gun owners could swap weapons for groceries. gun owners were asked to come with unloaded weapons in the trunks of their vehicles in exchange for a $100 gift certificate for groceries. they got a $200 gift certificate if they turned in a so-called assault weapon of the buy-back program happens in the spring but was moved up this year because of the school shooting in connecticut. >> a newspaper that covers two counties north of new york city is at the sfr of a controversy after it posted a map online showing the names and addresses of handgun permit holders. on sunday, the journal news published interactive maps of westchester and rockland counties showing information about pistol and revolver permit holders. critics say it puts supporters in danger. opponents say it will show you neighbors are armed and were not not. >>> the day after christmas around the country was a rough day fo
hurricane sandy. we had hurricane katrina and despite all of these, they are unwilling to raise them to support and fund our government. what does it say about the dysfunctionality? >> we will have to leave it there. happy holidays to you. joining me now on the phone, congressman gregory meeks. congressman, i just saw you downstairs in the lobby about two or three hours ago and you were waiting on a phone call to determine when you might have to go back to d.c. to hammer out fiscal cliff matters. have you gotten the call yet? >> we are still waiting. >> no word as to when you guys are going back? no sense of urgency? >> i think there is a sense of urgencey and we have to have a deal. i don't think that the speaker is going to bring back all the members unless he has a vote and that's what he is going to have a conference call. he's got to resolve his conference. democrats said they indicated to meet folks halfway. the government worked for his entire existence. i think the speaker is concerned about whether or not he can get reelected. he puts the bill on the floor without having all
of hearts after the connecticut school shooting. >> when i heard about sandy hook, i just felt really bad for all the kids who had died. >> i wasn't surprised that he wanted to do something, i was just surprised that he followed through with it, and it made me really proud. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. your doctor will say get smart about your weight. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look w
of hurricane sandy should stop projecting negativity. >> juliet: she's very dopey, really, she's gotten out of control. >> it's more serious than that, it's more serious, she needs to say, i surrender, i need help, i can't do it on my own and then she needs to give her family the same program, but the only way for addiction-- >> her family is a mess and have been for years. >> addiction-- >> and next year on this list, too. >> you're right, five years out of six and can i say to treat addiction, you have to treat the whole family. >> clayton: good luck with that family. >> juliet: thanks, patrick. >> clayton: they need it. thank you for being here shall appreciate you joining us. >> juliet: we woke him up early, but he's in miami. >> clayton: exhandle it. >> juliet: coming up an npr host compares republicans to terrorists, the proof is in the tweet. we're going to show you next. >> clayton: and then spider-man under arrest? and best, by best, we mean the worst mug shot of the year. that looks kind of awesome. ♪ the man in the mirror ♪ ♪ i'm asking him to change his ways ♪ mine was e
billion season. the problem is spending polls track might be off. superstorm sandy hid the regions of the country where we saw the biggest dropoff in spending in that period between october 28th and dec. 20 fourth. there were some rebounds. shopping came back in the last part of holiday shopping season until christmas eve but it was not sufficient to get back on track to what everyone expected. dennis: thank you. with weaker than expected retail numbers we will be heading into a recession next year. shibani: jim laventhol says in many ways yes, but it won't be a disaster. welcome to the show. you heard what adam said, that the consumer which accounts for 70% of the gdp, spending, they are pulling back and pulled back this year and during holiday shopping season. how close are we to start getting into this talk of getting into recession again? >> we're pretty close by i appreciate your pudding a qualifier that we don't have to go into a panic. there are a couple reasons for that. if you look at the stock market which is mainly where people place risk bets on growing their assets it
for a permanent memorial honoring the 26 victims of the sandy hook massacre. all the flowers, letters, photos, teddy bears, all of those things around newtown will be turned into soil and blocks to be used in foundation of a future memorial. >>> all right. this video will have you thinking twice next time you park illegally. a town in russia writes more than just tickets, people. they don't mess around. they move your car with a crane. just picking it up with a claw and taking it out somewhere. it's clucked out and dumped into this truck and taken to siberia. [ laughter ] >> kelly: oh, man. >> clayton: you're going to have scratches on the top 6 your car, i'm sure. >> juliet: if it's taken in a truck, that's bye-bye. >> kelly: we got more to discuss. we're getting a look this morning at president obama boarding air force one and leaving hawaii after spending a few days there for his christmas vacation. the president is in the air right now, we understand, heading back to washington with just five days until we fall off the fiscal cliff. doug, who was in hawaii with the president this past --
in 2006, including most recently kids hit hard by superstorm sandy. we have the grinch with us, along with 12-year-old tyler, you are noel, miles over there, and kennedy. welcome to all of you. good to see you all and grinch, good to have you here. >> thank you, a pleasure to be here. >> you talk like that all the time? >> oh, yes i do. >> excellent. these kids are all local, from around the area. >> yes. >> you're from? >> hooville. >> of course you are. tell me about this foundation and what you've done with it. >> this foundation is incredible with madison square garden, the garden of dreams foundation is working to create experiences and dreams for children facing obstacles in their lives, whether it be a book drive or appearances with celebrities such as yours truly, we create dreams. >> we appreciate that. noel, you faced some obstacles in your life. do you mind if i tell our viewers about some of them? >> no, i don't mind. >> you have dealt with rheumatoid arthritis, gau coma and uvitis and turret's syndr e syndrome. >> this has given me so many opportunities that you only you
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
and this thing will start to pick up speed. fed policy is good. we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that comparison? it seems t
factor, a spending poll says superstorm sandy hit sales in the mid-atlantic region in early november. after-christmas spending should help a bit, but the impact is limited because a lot of people using gift cards and making returns. the national retail federation says we typically return $60 billion worth of merchandise after christmas, so early indications seem to show that holiday sales are looking like the rest of the economy, growing but not outstanding. joe? >> alison kosik. >>> as it comes to a close, we remember 2012 as a year of surprises. a south korean rapper gets newfound fame thanks to youtube and rihanna and chris brown back together again? cnn's top ten showbiz stories of the year are just ahead. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." [ female announcer ] to nurses everywhere, thank you,
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